Apparently financiers are still bitter about the banker-bashing then went on during the Fin-Reg debate.

Another less obvious reason why there's tension, according to what one Wall Streeter told Ben White, is that "Obama is nothing like former President Bill Clinton and simply doesn't like rich people, who in turn don't like him very much." That source said "the money would ultimately be there but would flow much more evenly to the GOP nominee (assuming it's not a tea party candidate) than it did in '08."

But apparently the response to his offensive has been lackluster, to say the least.

According to Ben White at Morning Money, who spoke to several senior Wall Street executives about Obama's blitz,

While campaign manager Jim Messina has been working hard to mend fences, there is still limited enthusiasm beyond the usual list of bundlers such as Blair Effron, Robert Wolf, Orin Kramer and Marc Lasry. Beyond the "low hanging fruit," as one executive put it, the money is harder to come by. One executive said he did not believe next week's $38K per head event at Daniel had sold out, though another said that may have changed in the last few days. ...